= Link to Financial Condition ROWD

OSPI Fiscal Indicators

Purpose: To summarize the OSPI Fiscal Score for all districts in the same peer group as SSD to evaluate the financial condition of the school district.
Scope: September 1, 2012 through August 31, 2013 (FY2013)
Source: OSPI Financial Indicators workpaper, Peer Groups as defined by Team PA in 2011 using enrollment, free and reduced lunch eligibility, presence of a high school, and density
Conclusion: We summarized the OSPI Fiscal Score for all districts in the same peer group as SSD and evaluated the financial condition of the school district. The District does not appear to be in financial distress.
Peer
Group School District
Fiscal
Year
FundBal
to Rev
Ratio
Fund Bal to
Rev Ratio
Score (0-1.8)
Expend to
Rev Ratio
37 Evergreen Clark 2013 6.37% 1.35 98.34%
37 Federal Way 2013 6.05% 1.35 100.45%
37 Spokane 2013 6.09% 1.35 99.99%
37 Tacoma 2013 9.61% 1.35 101.85%
37 Kent 2013 10.84% 1.35 98.73%
37 Vancouver 2013 4.38% 0.9 99.50%
37 Seattle 2013 7.95% 1.35 100.81%
To summarize the OSPI Fiscal Score for all districts in the same peer group as SSD to evaluate the financial condition of the school district.
OSPI Financial Indicators workpaper, Peer Groups as defined by Team PA in 2011 using enrollment, free and reduced lunch eligibility, presence of a high school, and density
We summarized the OSPI Fiscal Score for all districts in the same peer group as SSD and evaluated the financial condition of the school district. The District does not appear to be in financial distress.
Expend to
Rev Score
(0-1.6)
Days
Cash on
Hand
Days Cash on
Hand Score
(0-0.6)
Total
Score
(0 - 4) Category
1.60 31.76 0.15 3.10 Not labeled
1.20 29.35 0.00 2.55 Not labeled
1.60 25.64 0.00 2.95 Not labeled
1.20 60.07 0.45 3.00 Not labeled
1.60 59.43 0.30 3.25 Not labeled
1.60 49.01 0.30 2.80 Not labeled
1.20 59.84 0.30 2.85 Not labeled
We summarized the OSPI Fiscal Score for all districts in the same peer group as SSD and evaluated the financial condition of the school district. The District does not appear to be in financial distress.